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| | | The Australian sharemarket has received positive leads from US equity markets, although declines in the precious metal and oil markets may drag on some stocks. On the ASX 24 at 0854 AEDT, the March share price index futures contract was seven points ... |
| | | | The Australian market has received mixed leads from offshore trading overnight, with Wall Street's key indices flat and mixed, precious metals higher, but oil was lower. On the ASX 24 at 0854 AEDT, the March share price index futures contract was seven ... |
| | | | The wave of consolidation sweeping through the not-for-profit superannuation sector is putting transition management firmly back in the spotlight for next year. Last month, Health Super announced that talks were underway with First State Super to create ... |
| | | | Paul Cutts, managing director of Northern Trust Company Australia & New Zealand, will take on the role of chair for Australian Custodial Services Association (ACSA) following the exit of Bryan Gray. ACSA has recently been involved in discussions on ... |
| | | | Kohlberg Kravis Roberts' bid for Perpetual only involves shares in Perpetual Limited - and does not give the private equity firm access to client funds, the chairman of the committee overseeing the takeover deal told investors. "I would like to stress ... |
| | | | Politicians from both sides of the aisle have reacted cautiously to the Singapore Exchange's (SGX) takeover bid for the ASX. In a note to clients, JPMorgan analyst Russell Gill said he believed it would be difficult for the government to reject the ... |
| | | | Perpetual has rejected Kohlberg Kravis Roberts' (KKR) takeover proposal, but has left the door firmly ajar for an improved offer. "The board considers that the proposed price in the range of $38 - $40 per share does not reflect Perpetual's value," the ... |
| | | | The Australian share market was higher at noon, led by resource companies as investors seek higher yielding assets such as equities and the Australian dollar. At 1200 AEDT, the benchmark S&P/ASX200 index was 69.1 points higher, or 1.50 per cent, at ... |
| | | | Asset management and private banking featured prominently in JP Morgan's results overnight, the first of the major US investment houses to report third quarter earnings. The company's asset management division recorded net income of US$420 million ... |
| | | | Recent court rulings have cast doubt on millions of mortgage foreclosures across the US, potentially reducing the value of investments held by Australian institutions in related assets. Court rulings across the country have found that millions of securitized ... |
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